Cormark Has Bullish Forecast for Coeur Mining Q1 Earnings

Coeur Mining, Inc. (NYSE:CDE) – Investment analysts at Cormark lifted their Q1 2025 earnings per share (EPS) estimates for shares of Coeur Mining in a research report issued to clients and investors on Tuesday, April 22nd. Cormark analyst R. Gray now expects that the basic materials company will post earnings per share of ($0.02) for the quarter, up from their previous estimate of ($0.07). Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Coeur Mining’s current full-year earnings is $0.58 per share.

Other equities analysts have also recently issued research reports about the company. TD Cowen raised Coeur Mining to a “strong-buy” rating in a report on Tuesday, March 11th. TD Securities began coverage on shares of Coeur Mining in a report on Tuesday, March 11th. They issued a “buy” rating and a $7.00 price objective for the company. Roth Mkm reduced their price objective on shares of Coeur Mining from $8.50 to $8.25 and set a “buy” rating on the stock in a research note on Friday, February 21st. National Bank Financial upgraded Coeur Mining to a “strong-buy” rating in a research report on Friday, March 21st. Finally, Raymond James restated an “outperform” rating and set a $8.50 price objective on shares of Coeur Mining in a research report on Wednesday, April 2nd. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $8.10.

Coeur Mining Stock Performance

NYSE CDE opened at $5.67 on Thursday. Coeur Mining has a fifty-two week low of $4.36 and a fifty-two week high of $7.72. The stock has a market cap of $3.62 billion, a PE ratio of 47.25 and a beta of 1.35. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.39 and a current ratio of 0.83. The firm’s fifty day moving average price is $5.73 and its two-hundred day moving average price is $6.21.

Coeur Mining (NYSE:CDE) last announced its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11. The company had revenue of $305.40 million for the quarter, compared to analyst estimates of $314.32 million. Coeur Mining had a net margin of 5.59% and a return on equity of 6.59%.

Institutional Trading of Coeur Mining

Several hedge funds have recently modified their holdings of CDE. Merit Financial Group LLC boosted its stake in Coeur Mining by 5.4% during the fourth quarter. Merit Financial Group LLC now owns 31,574 shares of the basic materials company’s stock worth $181,000 after acquiring an additional 1,607 shares in the last quarter. City State Bank boosted its position in shares of Coeur Mining by 56.9% during the 1st quarter. City State Bank now owns 6,274 shares of the basic materials company’s stock worth $37,000 after purchasing an additional 2,274 shares in the last quarter. State of New Jersey Common Pension Fund D grew its stake in shares of Coeur Mining by 0.7% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 315,190 shares of the basic materials company’s stock valued at $1,803,000 after buying an additional 2,323 shares during the period. Summit Investment Advisors Inc. increased its position in Coeur Mining by 6.8% in the 4th quarter. Summit Investment Advisors Inc. now owns 41,333 shares of the basic materials company’s stock valued at $236,000 after buying an additional 2,624 shares in the last quarter. Finally, Xponance Inc. raised its stake in Coeur Mining by 10.9% during the 4th quarter. Xponance Inc. now owns 28,712 shares of the basic materials company’s stock worth $164,000 after buying an additional 2,811 shares during the period. Institutional investors own 63.01% of the company’s stock.

Insider Activity at Coeur Mining

In other Coeur Mining news, CFO Thomas S. Whelan purchased 10,000 shares of the company’s stock in a transaction on Wednesday, February 26th. The shares were purchased at an average cost of $5.25 per share, with a total value of $52,500.00. Following the completion of the purchase, the chief financial officer now owns 668,450 shares in the company, valued at $3,509,362.50. This represents a 1.52 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.56% of the stock is owned by corporate insiders.

About Coeur Mining

Coeur Mining, Inc explores for precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It markets and sells its concentrates to third-party customers, smelters, under off-take agreements. The company was formerly known as Coeur d'Alene Mines Corporation and changed its name to Coeur Mining, Inc in May 2013.